Business
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Kuwait establishes Digital Network company with 33.19 million dinars capital
Kuwait has established the Kuwait Digital Network Company as a Kuwaiti public shareholding company, with authorised and issued capital of…
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Kuwait awards 154 government and oil tenders worth 1.07 billion dinars in H1 2026
Kuwait accelerated the pace of government and oil project awards during the first half of 2026, with 154 tenders and…
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KOC opens 31 tenders as offshore rig bids reach 66.2 million dinars
The Supreme Purchasing Committee for Kuwait Petroleum Corporation and its subsidiaries has opened 31 tenders and bids for Kuwait Oil…
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Kuwait worker remittances touch $16.7 billion in 2025, rise 18.2 percent
Remittances sent by workers in Kuwait to other countries rose 18.2 percent in 2025 to about $16.7 billion, giving Kuwait…
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KSE ends volatile week as mortgage finance law puts banks in focus
The market’s capitalization fell 0.8 percent during the week to 52.9 billion dinars, while mortgage finance approval lifted trading activity…
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Thailand and ACD discuss strengthening Asia’s collective voice
Kuwait hosts talks on strengthening the Asia Cooperation Dialogue’s role in addressing regional and international challenges ahead of its 25th…
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150,000 sqm Al-Wasila site in Ardiya Industrial Area emerges as potential new investment hub
The Public Authority for Industry is studying multiple development scenarios for the strategically located Al-Wasila site, including a crafts hub…
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Kuwait awards 1.07 billion dinars in government and oil projects in H1 2026
Oil and government projects accounted for major spending: Oil-sector awards reached 475.1 million dinars through four tenders, while government entities…
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Central Bank issues 100 million dinars in seven-year Treasury bonds
Kuwait has issued 100 million dinars in Treasury bonds and public debt Tawarruq with a seven-year maturity and a uniform…
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Kuwait consumer spending hits 37.61b dinars in first eight months of 2026
Kuwait recorded 37.61 billion dinars in consumer spending during the first eight months of 2026, generated through nearly 1.1 billion…
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